Feintool International Holding AG / Feintool General Assembly 2017: Shareholders are accepting all motions - New Board of Directors elected . Processed and transmitted by Nasdaq Corporate Solutions. The issuer is solely responsible for the content of this announcement.

The shareholders of Feintool International Holding AG have approved all motions at the General Assembly on April 25, 2017. A new representative, Heinz Loosli, was elected to the Board of Directors. The previous members of the board, Wolfgang Feil and Dr. Kurt Stirnemann abstained from further candidacy for this committee.

At the ordinary General Assembly of the Feintool International Holding AG on April 25, 2017 the shareholders approved the Annual report and the annual accounts 2016 . The requested dividend distribution of CHF 2.00 per share was also approved.

Heinz Loosli, who was still active as Feintool CEO until the end of August 2016, was newly elected to the Board of Directors. The two former members of the Board of Directors Wolfgang Feil and Dr. Kurt Stirnemann did not stand for re-election. The posts of the other members of the Board of Directors were confirmed at the General Assembly, including Alexander von Witzleben as President and Dr. Michael Soorman as Vice President.

Newly appointed committee
The Compensation and Nomination Committee and the Audit Committee are composed of Dr. Michael Soormann (Chair) and Alexander von Witzleben. The other posts are held by Thomas A. Erb, Dr. Rolf-Dieter Kempis, Heinz Loosli and Dr. Thomas Muhr.

Feintool in brief
Feintool is an internationally active technology and market leader in the field of fineblanking This technology is distinguished by cost-effectiveness, quality and productivity.

As an innovation driver, Feintool consistently pushes the boundaries of fineblanking and develops smart solutions for its customers' ideas with two possibilities: On the one hand, our fineblanking systems and innovative tools and, on the other hand, the complete production of precise fineblanking and formed components in high volumes for demanding industrial applications.

Feintool covers the entire process chain. The processes used by Feintool support the trends in the automobile industry. Thus, Feintool is a project and development partner in the field of lightweight construction, different module types, and alternative drive concepts, such as hybrid and electric.

The company founded in 1959 and headquartered in Lyss, Switzerland, has its own production plants and technology centers in Europe, the United States, China and Japan so it is always near its customers. Around 2,200 employees and nearly 70 trainees work worldwide on new solutions and create key advantages for Feintool's customers.

Feintool International Holding AG
Industriering 8 - CH-3250 Lyss
Switzerland
www.feintool.com

Spokesperson

Stefan Diepenbrock
Telefon +41 32 387 52 32
Mobile +41 79 342 73 08
stefan.diepenbrock@feintool.com

The press release can be downloaded from the following link:

Press Release (PDF)


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Source: Feintool International Holding AG via Globenewswire

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Feintool International Holding AG
Industriering 8 Lyss Switzerland

ISIN: CH0009320091;